Equivalent to the increasing cash flow series

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The first cash flow of a 25-year series of quarterly cash flows is equal to $35,000. Each cash flow in the series increases by $800. Find the amount of each cash flow in an equal quarterly cash flow series that is equivalent to the increasing cash flow series. The interest rate is 14% and compounding is done quarterly.

Reference no: EM13739649

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Each cash flow in an equal quarterly cash flow series : The first cash flow of a 25-year series of quarterly cash flows is equal to $35,000. Each cash flow in the series increases by $800. Find the amount of each cash flow in an equal quarterly cash flow series that is equivalent to the increasing cash fl..

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